FOR SALE BY PRIVATE TREATY
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- Reginald Freeman
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1 COCKLEY MOOR PLANTATION Dockray, Penrith, Cumbria Hectares / Acres FREEHOLD FOR SALE BY PRIVATE TREATY John Clegg & Co CHARTERED SURVEYORS & FORESTRY AGENTS
2 Not To Scale Suite 8, Rectory House Thame Road Haddenham, Bucks HP17 8DA N This plan is only for the guidance of intending purchasers. Although believed to be correct, its accuracy is not guaranteed and does not form part of any contract. Reproduced by permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationary Office, Crown Copyright. All rights reserved. Licence No Produced by Pear Technology Services Ltd. info@peartechnology.co.uk
3 COCKLEY MOOR PLANTATION SOLE SELLING AGENTS John Clegg & Co Suite 8, Rectory House, Thame Road, Haddenham Buckinghamshire HP17 8DA Tel: As a Whole - Offers Around 490,000
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6 Penrith Carlisle Leeds 13 miles 31 miles 117 miles (All distances are approximate) DIRECTIONS From Penrith, follow the A66 towards Keswick. Once the dual carriageway ends follow the road for another 3 miles and turn left onto the A5091 towards Dockray and Ullswater. After 2 miles turn right onto a minor county road. Proceed along this road for approximately 1½ miles. The woodland entrance is on the right hand side of the road and conspicuous by a double tubular steel gate, point A on the sale plan. OS 1:50,000 Map 90 Ref NY Nearest post code CA11 0LG. VIEWING Viewing is possible at any time so long as potential purchasers are in possession of a set of these sale particulars. For your own personal safety please be aware of potential hazards within the woodland when viewing. Cockley Moor Plantation is a predominantly commercial conifer plantation with Lake District scenery as a breathtaking backdrop. The wood is situated on a gently sloping hilltop position. As is typical of sites on open moorland the growing conditions are characterised by a mix of mineral and shallow peaty gley soils. These, together with the moist climate conditions of West Cumbria, give rise to excellent growing conditions for Sitka spruce. Access within the wood is excellent with several basically constructed rides and tracks which have been utilised to harvest mature timber over the last few years. There is an additional loading area at the northern end of the wood with easy road access, point B on the sale plan. Crops include areas of p.2011 and p.2018 replanted spruce which appears to be growing well after good quality site preparation. It is understood these are all planted with genetically improved planting stock. As a result a woodland owner is likely to see improved growth rates during the next rotation. This may even allow timber to be harvested at the end of substantially reduced rotation length which adds to the commercial appeal of this woodland. There is also a significant area of mature timber p.1960 ready for harvesting (subject to felling permission) at the convenience of a new owner. This includes hectares (31.70 acres) of Sitka spruce, 2.92 hectares (7.22 acres) of larch and 1.39 hectares (3.43 acres) of lodgepole pine close to the wood s highest point. Visitors to the wood will be impressed to see the heavy stocking of the best areas given it is likely that the young crops may perform even better. A full stocking schedule and plan is available on the Selling Agents website or telephone to request a copy. MANAGEMENT The wood is currently managed by Scottish Woodlands, The Forge, 9 Front Street, Wolsingham, County Durham DL13 3DF, telephone Their Mr John Harker will be pleased to discuss future management with prospective purchasers. TAXATION After two years ownership, commercially managed woods qualify for 100% Business Relief from Inheritance Tax. Timber sales are free of all Income Tax and do not attract Capital Gains Tax. In certain circumstances it is possible to roll-over Capital Gains Tax into the proportion of the purchase price attributable to the value of the land. DESCRIPTION
7 SPORTING RIGHTS The sporting rights are owned and included in the sale. They are let until 30 September The rent of 500 per annum will be apportioned. MINERAL RIGHTS These are reserved to a former owner. ACCESS By a conveyance dated 9 August 1968 the Property was conveyed subject to rights of way and other rights granted to Penrith Rural District Council by a conveyance dated 4 June No further details of the rights granted were supplied to the Land Registry. As far as the seller is aware no rights by any third party has ever been exercised over the property. RIGHTS AND EASEMENTS The woodland is sold subject to and with the benefit of all rights. These include rights of way, whether public or private, light, support, drainage, water, gas and electricity supplies and all other easements. WAYLEAVES The woodland is sold subject to all existing wayleaves and purchasers will be deemed to have satisfied themselves as to the routes thereof. PLANS AND AREAS These are based on the Ordnance Survey and are for reference purposes only. The purchasers shall be deemed to have satisfied themselves as to their accuracy and any error or mis-statement shall not annul the sale nor entitle any party to compensation in respect thereof. TENURE AND POSSESSION Freehold. Vacant possession will be given upon completion subject to the mineral reservation. METHOD OF SALE Cockley Moor Plantation is offered for sale by Private Treaty. Prospective purchasers should register their interest with the Selling Agents to whom offers should be submitted. Please contact our Haddenham office on Anti Money Laundering Compliance (AML) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26 June This requires us to undertake due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence and proof of source of funds for the purchase, before the transaction can proceed. Further information can be obtained from the following link: AS A WHOLE OFFERS AROUND 490,000 ARE INVITED IMPORTANT NOTICE John Clegg & Co for themselves and for the vendors of this property, whose agents they are, give notice that: (1) These particulars do not constitute nor constitute any part of an offer of a contract (2) All statements contained in these particulars as to the property are made without responsibility on the part of John Clegg & Co or the vendor. (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. (4) Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) No warranty is given for the health of the trees within the property for sale. (6) The vendor does not make or give, and neither John Clegg & Co nor any person in their employment has any authority to make or give any representation or warranty in relation to this property. Particulars prepared November 2018.
8 John Clegg & Co Scotland: England: Wales: John Clegg & Co is the forestry division of Strutt & Parker, a trading style of BNP Paribas Real Estate Advisory & Property Management UK Ltd, a private limited company registered in England and Wales with registered number and with registered office address at 5 Aldermanbury Square, London EC2V 7BP
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